Note: The economic manufacturing lot-sizing problem with imperfect production processes: Bounds and optimal solutions
✍ Scribed by M. Hariga; M. Ben-Daya
- Publisher
- John Wiley and Sons
- Year
- 1998
- Tongue
- English
- Weight
- 66 KB
- Volume
- 45
- Category
- Article
- ISSN
- 0894-069X
No coin nor oath required. For personal study only.
✦ Synopsis
In this paper, we consider the economic production quantity problem in the presence of imperfect processes. In the literature, the time to shift from the in-control state to the out-of-control state is assumed to be exponentially distributed. In this study, we consider general time to shift distributions and provide distribution-based and distributionfree bounds on the optimal cost. For the exponential case, we compare the optimal solutions to approximate solutions proposed in the literature. A numerical example is used to illustrate the analysis presented and to conduct a sensitivity analysis in order to see the effect of the input parameters on the various solutions to the problem.